East Coast Port Strikes Could Bring Shortages, Rising Prices

Port Workers Strike

Some 50,000 International Longshoremen’s Association members went on strike Tuesday against the East and Gulf Coast ports, snarling the flow of goods in what some predict could be the most disruptive strike in decades.  

The strike, which extends from Maine to Texas, could affect everything from bananas to European beer and automobiles.

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Flooding Could Wipe Out 25 Percent of Critical Infrastructure: Report

About 25% of critical infrastructure in the U.S., or 36,000 facilities, is at serious risk of being rendered inoperable as a result of flooding over the next three decades, according to an industry report released Monday.

American infrastructure such as police stations, airports, hospitals, wastewater treatment facilities, churches and schools were all considered in the analysis, according to First Street Foundation, the group that published the first-of-its-kind report. The U.S. is “ill-prepared” for a scenario where major flooding events become more commonplace, the report concluded.

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